Home Prices In March Hit Largest Gain In 7 Years2006 was the best year in home sales in Amarillo, until now.

Home sales are up 15-18 percent in Amarillo and that is almost equal to 2006.  A large number of people buying homes are young, first time buyers.  The motivating factor for buying is low interest rates.

The average time homes are on the market is also down thanks to increased buyer demand.